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JG's avatar

I recall seeing an article a year or so ago arguing that the “everything is bad and is getting worse” narrative is a direct effect of our minds holding onto good memories and letting go of bad ones. Unfortunately can’t find it now. But that seems right to me. Also, I can imagine how a bias for “the past was better” might be an evolutionary adaptation in a species that relies on passed-down, poorly understood knowledge. Cf. Joe Henrich’s work.

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Neeraj Krishnan's avatar

People's revealed preferences turn out to be quite different. They go through long years of education expecting that there would be gainful employment. They take out mortgages with the expectation that their future earnings will pay it back, and the value of their house will appreciate. They educate their kids, provide them with food and shelter, and love, expecting a better future for them.

We should pay less attention to what they tell pollsters or to Pew Research. A lot more attention to what they actually do and plan for.

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